Today marks an exciting day for Dogecoin (DOGE) holders as the new offshoot of the popular cryptocurrency, Dogethereum (DOGX), is set to land on Poloniex Exchange. This move will open up DOGE and DOGX trading pairs to a much larger audience, allowing more people to invest in this innovative cryptocurrency.
Dogethereum was first announced back in 2018 with the goal of bridging two separate blockchains – Ethereum and Dogecoin – together using atomic swaps. Atomic swaps allow users to trade one coin for another without having their funds go through a third-party exchange like Poloniex or Coinbase. With its launch on Poloniex today, it’s now easier than ever before for investors around the world access both coins quickly and securely from one platform.
The addition of Dogethereum onto Poloniex also opens up many possibilities that weren’t available previously; such as faster transaction times between different blockchain networks, increased security when transferring funds across platforms due to atomic swap technology being used instead of traditional exchanges, lower fees associated with transactions made via atomic swap technology compared those charged by most exchanges currently operating within crypto markets today & lastly but not least enable developers build applications which can take into account multiple blockchains at once thanks again all thanks too Atomic Swaps!
Not only does this benefit traders looking for quick access between cryptocurrencies but it also allows developers building projects utilizing these technologies more options when creating their products . As we continue down our path towards mass adoption , moves like these are essential steps towards making sure that everyone has equal opportunity no matter what currency they choose . We look forward seeing how far Dogethereum can go !
